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Oil: rising prices

07/05/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Ce mercredi, les prix du pétrole augmente, se maintenant légèrement au-dessus de leurs plus bas niveaux des quatre last years.

Brent crude futures rose 73 cents per barrel, or 1.2%, to $62.88 per barrel at 06:50 GMT, while American West Texas Intermediate crude was up 81 cents, or 1.4%, to $59.90 per barrel. Both benchmarks recently plunged to their lowest level in four years after OPEC+ decided to accelerate the increase in production, stoking fears of oversupply at a time when American tariffs increased

concerns about demand.

Crude inventories fell by 4.5 million barrels in the week ending May 2, market sources said, citing figures from the American Petroleum Institute released on Tuesday.

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